>UK central bank went to battle with PM I thought it went like this: >PM announces tax cuts >no way those cuts can meet budget >panic in market for long maturi

>UK central bank went to battle with PM I thought it went like this: >PM announces tax cuts >no way those cuts can meet budget >panic in market for long maturity gilts >sudden spikes in benchmark rates are bad for everyone so BoE announces YCC Did I miss something? Did Truss somehow take a swipe at the BoE? I'll be honest, I didn't pay super close attention.